Check about the concept of "house hacking", many people start that way.

Also, I am COMPLETELY confused about what your concept is and what you hope to achieve by buying 10% of PMC's.

I've exchanged our place with another host by on a 1-1 bases.Host share seems to have an interesting concept of exchange available nights but within 5 days.....so what typically is not rented.

Lastly, if you still decide syndications are appealing, get educated on how to vet the lead sponsor (including deep background checks), the market, and the deal itself (even though some concepts are similar, it is not the same as the single family long term rental analysis).

I’m new to private money lending, so while I understand the concepts in principle, I’m still figuring out how to identify and connect with these investors in practice.To clarify, I’m targeting 6+ unit multifamily properties, and private money is a way to scale my expertise from smaller properties into larger ones.

As we work in Chicago, we structure our agreement around these concepts.

We go by a simple concept, just do what you agreed too in the contract, nothing more, nothing less - if that happens then we all win.

Funded it myself to prove concept that seller financing is better than long-term rental ownership.

I for one would dislike being pushed into a box, I'd prefer to choose my own stuff...and it really ain't that hard.Interesting concept though, I just do not see the value for a veteran Contractor or Imvestor.I'd ask for references before using them...

The concept isn't that complicated and the first one lays it out pretty well.